market update: Market Update for Estacada, Oregon September 2013 - 09/04/13 08:40 AM
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

The market is currently in the Buyer's Advantage zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.68 so buyers should expect to find reasonable levels of selection.
 
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market … (0 comments)

market update: Market Update for Estacada, Oregon August 26th 2013 - 08/26/13 06:34 AM
Inventory has been lightening lately in Estacada and Eagle Creek and the Market Action Index has been trending up. Though days-on-market is increasing, these
are mildly positive indications for the market.

 
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, … (0 comments)